Inside Bar – indicator

The indicator determines the inside bar and marks its High/Low. It is plotted based on the closed candles (does not redraw). The identified inside bar can be displayed on smaller periods. You may set a higher period (to search for the inside bar) and analyze on a smaller one.

Indicator Parameters

Period to find Inside Bar — the period to search for the inside bar. If a specific period is set, the search will be performed in that period.

MT4 Indicators – Download Instructions

Inside Bar – indicator is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Inside Bar – indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

EDITOR PICKS

MT4Indicators.com is the library to the thousands of indicators for MetaTrader 4 developed in MQL4. Regardless of the market (forex, securities or commodity market), indicators help to represent quotes in an accessible form for easy perception.